Thai government rubber stocks have doubled to 200,000 tonnes according to the deputy agriculture minister. The rubber stocks have increased after the government has approved to buy 30 billion baht worth of rubber to help the local…
Tag: rubber industry
New tyres contain natural rubber, biomass and plant fibers
Bridgestone is developing a sustainable tyre to lessen the negative effects of tyre fire to the environment.
Apollo Tyres to acquire Cooper Tyre & Rubber
Apollo Tyres, the largest tyre manufacturer in India is processing its acquisition of another tyre manufacturing company, Cooper Tyre & Rubber Company.
Goodyear’s Fayetteville plant to lower tyre production
Goodyear Tyre & Rubber Co. is planning to cut down its rubber tyre production in its Fayetteville plant to answer the demands of the industry.
National Treasury spends US$ 80m on tyre smuggling per annum
The national government of China and India lose US$ 80m every year due to unscrupulous players in the tyre manufacturing industry that smuggle used tyres.
Rubber farmers to receive cash incentives
Malaysian rubber farmers has been assured by the Minister of the Deputy Agriculture and Cooperatives to receive cash incentives from the government on October 19.
Sri Lanka aiming to get 2% of the global rubber market
Sri Lanka is expanding its rubber plantations and encouraging rubber farmers to more rubber trees in the right way to achieve the country’s aim of getting 2% of the global rubber market share.
Linglong Tyre to build plant in Thailand
Chinese tyre maker Shangdong Linglong Tyre Co. Ltd. will be building a new manufacturing facility in Hemaraj Eastern Seaboard Industrial Estate, Rayong Province, Thailand.
Merge offer may put rubber gloves back on investors sight
As Semperit AG Holdings merges with Latexx Partners Bhd, analysts said that this will cause the rubber gloves industry to becoming more interesting to interesting.
Indian natural rubber spots and futures on the positive path
India natural rubber prices are showing positive trends in the spots and futures due to the rains and the cartelisation of the three largest producer of rubber in the world.